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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: Dave Dickerson who wrote (5122)3/15/1999 11:07:00 PM
From: Mike  Read Replies (1) | Respond to of 7342
 
Dave,

Thanks for the response back on TLAB. I have read your posts on the Yahoo and SI threads for sometime and greatly appreciate your perspective. I has been your analysis that has driven me to buy a substantial position in the company. Thanks.

Do you think that the news will continue to be great? I say great because we are starting to move to levels that things need to be right on. If not we will drop. Long term this is all noise as TLAB will always,always go higher eventually. I have shares on a short term trade (picked up at $60) and looking at maybe moving it to long term. Ideas appreciated.

Keep up the great work,
Mike



To: Dave Dickerson who wrote (5122)3/16/1999 12:30:00 AM
From: P314159d  Read Replies (2) | Respond to of 7342
 
Pretty good assessment, Dave.

The technical breakout points to low 100's for its initial move ( the handle), later the erasure of last year gives you the 150's. The PEs allow it, just look at this company versus CSCO or DELL and you can see where the money has gone in recent weeks.

Ciena news releases any suscipicions of a reclaimant deal.

Anybody have another big winner like this? outside the internet, of course.



To: Dave Dickerson who wrote (5122)3/16/1999 8:05:00 AM
From: John Carragher  Read Replies (1) | Respond to of 7342
 
Does this have any potential impact on tlab?
Ciena Confirms Purchase Plans for Lightera, Omnia

Ciena Corp., Linthicum, Md., confirmed plans to acquire closely held Lightera Networks Inc. and
Omnia Communications Inc. in two separate transactions totaling about $906 million. Shares of
Ciena, which makes gear that boosts the capacity of fiber-optic networks, fell $2.0625, or 7.7%,
to $24.75 in Nasdaq Stock Market trading. Lightera, Cupertino, Calif., makes switching gear to
help long-distance companies manage traffic on their networks. Ciena agreed to acquire all
outstanding shares of Lightera for 20.6 million common shares of Ciena, or about $510 million
based on Monday's closing price. Omnia, Marlborough, Md., has developed technology that
allows phone companies to transport voice, video and data traffic on a single network system.
Ciena agreed to buy all of Omnia's shares for 16 million common shares of Ciena, or $396 million
based on Monday's closing price.